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Notification on sale of ordinary shares of Gazprom

25th Jul 2019 07:20

RNS Number : 6893G
PJSC Gazprom
25 July 2019
 

 

 

 

RELEASE

_______________________________________________________________

25.07.2019

 

Notification on sale of ordinary shares of Gazprom

Gazprom was notified that Gazprom Gerosgaz Holdings B.V. (the Netherlands) and Rosingaz Limited (Cyprus), wholly-owned subsidiaries of Gazprom (the «Sellers»), had entered into a share sale arrangement agreement, as well as brokerage agreements with Gazprombank (Joint-Stock Company) with respect to the sale of 693 627 848 ordinary shares of PJSC Gazprom (the «Shares»). The Shares sale will be carried out via collecting and accepting bids for the purchase of the Shares using trading platform of Moscow Exchange.

The Shares will be offered at the same price and will be sold in their totality, a partial sale of the Shares is not envisaged. The Sellers determine the bids to be accepted, indicating the bid's order rank, and the number of the Shares to be sold for each bid, as well as decide on the final allocation of the Shares, or refuse to satisfy any bids. In the latter case, all bids will be rejected.

The collection of bids will be carried out on July 25, 2019 from 10.00 a.m. to 05.00 p.m. Moscow time. The results of the bids collection will be announced upon completion.

 

INFORMATION DIRECTORATE, GAZPROM

www.gazprom.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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